Allison Transmission Holdings, Inc. (NYSE:ALSN) is expected to pay $0.15 on Nov 30, 2016. The indicated annual dividend is $0.60. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on Allison Transmission Holdings, Inc.’s current price of $29.26, the dividend is 0.51%. This dividend’s record date is Nov 14, 2016 and the announcement date is Nov 7, 2016. The stock increased 2.67% or $0.76 during the last trading session, hitting $29.26. Allison Transmission Holdings Inc (NYSE:ALSN) has risen 7.87% since April 5, 2016 and is uptrending. It has outperformed by 5.92% the S&P500.
Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The company has a market cap of $4.75 billion. The Firm makes fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. It has a 29.84 P/E ratio. The Firm operates through manufacture and distribution of fully-automatic transmissions segment.
Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 0.30, from 1.16 in 2016Q1. The ratio dived, as 28 funds sold all Allison Transmission Holdings Inc shares owned while 90 reduced positions. 24 funds bought stakes while 77 increased positions. They now own 154.23 million shares or 8.61% less from 168.77 million shares in 2016Q1.
Pnc Services Gp Incorporated, a Pennsylvania-based fund reported 25,790 shares. Nicholas Inc Wi has 0.01% invested in the company for 14,100 shares. The Virginia-based Davenport And has invested 0% in Allison Transmission Holdings Inc (NYSE:ALSN). 13D Mngmt Lc has invested 3.42% of its portfolio in Allison Transmission Holdings Inc (NYSE:ALSN). Guggenheim Ltd Liability Corp owns 65,700 shares or 0.01% of their US portfolio. Jpmorgan Chase last reported 0.03% of its portfolio in the stock. Cap Fund Mngmt Sa has 93,090 shares for 0.02% of their US portfolio. Sg Americas Lc, a New York-based fund reported 6,258 shares. Principal Fin Group Incorporated Inc accumulated 0.02% or 429,387 shares. Voya Investment Mngmt Ltd Liability Com has 0% invested in the company for 46,432 shares. Renaissance Technology Lc has 268,900 shares for 0.01% of their US portfolio. Aperio Ltd Llc holds 22,321 shares or 0% of its portfolio. Da Davidson And, a Montana-based fund reported 955 shares. Advisory Rech owns 1.93 million shares or 0.94% of their US portfolio. Ngam Advsr L P holds 0.03% of its portfolio in Allison Transmission Holdings Inc (NYSE:ALSN) for 70,845 shares.
Insider Transactions: Since August 10, 2016, the stock had 0 insider purchases, and 4 sales for $124.74 million net activity. $726,037 worth of Allison Transmission Holdings Inc (NYSE:ALSN) was sold by Dick Michael. Another trade for 93,210 shares valued at $2.60 million was sold by Kirk Randall R.. 5,500 shares with value of $154,825 were sold by Dean Sharon L. on Wednesday, August 10. ValueAct Holdings – L.P. sold $121.26 million worth of Allison Transmission Holdings Inc (NYSE:ALSN) on Thursday, October 27.
Allison Transmission Holdings Inc (NYSE:ALSN) Ratings Coverage
Out of 10 analysts covering Allison Transmission Holdings (NYSE:ALSN), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. $35 is the highest target while $25 is the lowest. The $29.56 average target is 1.03% above today’s ($29.26) stock price. Allison Transmission Holdings has been the topic of 22 analyst reports since July 30, 2015 according to StockzIntelligence Inc. JP Morgan downgraded it to “Neutral” rating and $29 target price in Friday, October 9 report. The rating was initiated by Deutsche Bank with “Hold” on Wednesday, September 7. The firm has “Outperform” rating by CLSA given on Friday, September 30. The stock of Allison Transmission Holdings Inc (NYSE:ALSN) has “Hold” rating given on Tuesday, September 22 by Deutsche Bank. RBC Capital Markets initiated it with “Outperform” rating and $30 target price in Tuesday, March 15 report. The stock has “Mkt Outperform” rating given by Avondale on Wednesday, December 2. On Monday, January 4 the stock rating was downgraded by Robert W. Baird to “Neutral”. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, June 14. Citigroup maintained Allison Transmission Holdings Inc (NYSE:ALSN) rating on Friday, July 29. Citigroup has “Neutral” rating and $30 price target. As per Wednesday, October 12, the company rating was maintained by Barclays Capital.
More news for Allison Transmission Holdings Inc (NYSE:ALSN) were recently published by: Barrons.com, which released: “Allison Transmission’s Shares Could Rev Up” on November 05, 2016. Prnewswire.com‘s article titled: “Allison Transmission schedules third quarter 2016 earnings conference call” and published on October 10, 2016 is yet another important article.
ALSN Company Profile
Allison Transmission Holdings, Inc., incorporated on June 22, 2007, and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Firm makes fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. The Firm operates through manufacture and distribution of fully-automatic transmissions segment. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Company’s transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Firm has developed over 100 different models that are used in over 2,500 different vehicle configurations and are compatible with over 500 combinations of engine brands, models and ratings, including diesel, gasoline, natural gas and other alternative fuels.
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